D2D
ActiveSummary
D2D has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261,070 and a net result of €65,544. Equity is growing by about 34% per year across the filed financial years. Its solvency ranks better than 63% of 3,385 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, abbreviated format
In the rankings
#7 oldest company in Wichelen, Telecoms and IT sector
2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00492217.
Turnover
≈ €280,000
Estimated: probably between €190,000 and €610,000
Total assets
€421,727▲ 2.2%
2024 · €412,672
Net result
€65,544▲ 98.4%
2024 · €33,030
Working capital
€18,784
2024 · -€10,600
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 82% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€114,632
2025
Net result€65,544
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€421,727
2025
Equity€261,070
2025
Debt€160,657
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€18,784
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)15.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency61.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.15
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€21,916-€22,059▲ 0.7%€25,161▲ 14.1%€29,718▲ 18.1%€119,061▲ 301%€47,287▼ 60.3%€63,117▲ 33.5%€114,632▲ 81.6%
Net result€15,034-€13,585▼ 9.6%€10,278within the sector's middle half▼ 24.3%€17,141within the sector's middle half▲ 66.8%€71,767within the sector's middle half▲ 319%€35,257within the sector's middle half▼ 50.9%€33,030within the sector's middle half▼ 6.3%€65,544within the sector's middle half▲ 98.4%
Equity€34,468-€48,053▲ 39.4%€58,331within the sector's middle half▲ 21.4%€75,472within the sector's middle half▲ 29.4%€147,239within the sector's middle half▲ 95.1%€182,496within the sector's middle half▲ 23.9%€205,526within the sector's middle half▲ 12.6%€261,070within the sector's middle half▲ 27.0%
Total assets€120,917-€200,550▲ 65.9%€344,017within the sector's middle half▲ 71.5%€339,704within the sector's middle half▼ 1.3%€402,526within the sector's middle half▲ 18.5%€414,435within the sector's middle half▲ 3.0%€412,672within the sector's middle half▼ 0.4%€421,727within the sector's middle half▲ 2.2%
Debt€86,449-€152,497▲ 76.4%€285,686▲ 87.3%€264,232▼ 7.5%€255,286▼ 3.4%€231,939▼ 9.1%€207,146▼ 10.7%€160,657▼ 22.4%
Working capital€38,334-€77,994▲ 103%-€1,054below the sector's middle half€5,725below the sector's middle half€40,031within the sector's middle half▲ 599%€49,115within the sector's middle half▲ 22.7%-€10,600below the sector's middle half€18,784within the sector's middle half
Solvency28.5%-24.0%▼ 4.5pp17.0%within the sector's middle half▼ 7.0pp22.2%within the sector's middle half▲ 5.3pp36.6%within the sector's middle half▲ 14.4pp44.0%within the sector's middle half▲ 7.5pp49.8%within the sector's middle half▲ 5.8pp61.9%within the sector's middle half▲ 12.1pp
Current ratio1.76-2.19▲ 0.440.99below the sector's middle half▼ 1.211.07within the sector's middle half▲ 0.091.37within the sector's middle half▲ 0.301.50within the sector's middle half▲ 0.120.92below the sector's middle half▼ 0.581.15within the sector's middle half▲ 0.23
Return on assets (ROA)12.4%-6.8%▼ 5.7pp3.0%within the sector's middle half▼ 3.8pp5.0%within the sector's middle half▲ 2.1pp17.8%above the sector's middle half▲ 12.8pp8.5%within the sector's middle half▼ 9.3pp8.0%within the sector's middle half▼ 0.5pp15.5%within the sector's middle half▲ 7.5pp
above
within
below
the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421,727
Fixed assets
€281,239 ▼ 2.7%
Current assets
€140,488 ▲ 13.8%
Equity and liabilities €421,727
Equity
€261,070 ▲ 27.0%
Debt
€160,657 ▼ 22.4%
Debt's share of the balance-sheet total falls from 50.2% to 38.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€124,084▲
2024 · €68,502
Cash flow
€74,996▲
2024 · €38,414
Debt to equity
0.62▼
2024 · 1.01
ROE
25.1%▲
2024 · 16.1%
Interest coverage
9.46▲
2024 · 7.84
Debt ≤ 1 year
€121,704▼
2024 · €134,103
Debt > 1 year
€35,024▼
2024 · €64,787
Income taxes
€35,972▲
2024 · €28,787
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,244 | €14,930 | €2,648 | €2,159 | €2,172 | €3,238 | €5,384 | €9,452 | ▲ 75.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €3,189 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €527 | €530 | €868 | €3,642 | €778 | ▼ 78.6% |
| Gross operating margin9900 | €34,803 | €37,717 | €28,426 | €35,594 | €121,762 | €51,393 | €72,143 | €124,862 | ▲ 73.1% |
| Operating profit (loss)9901 | €21,916 | €22,059 | €25,161 | €29,718 | €119,061 | €47,287 | €63,117 | €114,632 | ▲ 81.6% |
| Financial income75/76B | - | - | - | €1,806 | €5 | €13,200 | €7,435 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | - | €1,800 | €1,806 | €5 | €13,200 | €4,005 | €0 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | - | - | - | - | €3,430 | - | - |
| Financial charges65/66B | - | - | - | €7,230 | €11,504 | €8,381 | €8,735 | €13,116 | ▲ 50.1% |
| Recurring financial charges65 | €4,203 | €2,689 | €11,635 | €7,230 | €11,504 | €8,381 | €8,735 | €13,116 | ▲ 50.1% |
| Profit (loss) for the period before taxes9903 | €17,714 | €19,370 | €15,326 | €24,295 | €107,562 | €52,106 | €61,817 | €101,516 | ▲ 64.2% |
| Income taxes67/77 | €2,679 | €5,785 | €5,048 | €7,154 | €35,794 | €16,850 | €28,787 | €35,972 | ▲ 25.0% |
| Profit (loss) for the period9904 | €15,034 | €13,585 | €10,278 | €17,141 | €71,767 | €35,257 | €33,030 | €65,544 | ▲ 98.4% |
| Profit (loss) for the period to be appropriated9905 | €15,034 | €13,585 | €10,278 | €17,141 | €71,767 | €35,257 | €33,030 | €65,544 | ▲ 98.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €120,917 | €200,550 | €344,017 | €339,704 | €402,526 | €414,435 | €412,672 | €421,727 | ▲ 2.2% |
| Formation expenses20 | - | - | - | - | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €31,938 | €57,206 | €258,468 | €256,309 | €255,155 | €266,417 | €289,168 | €281,239 | ▼ 2.7% |
| Tangible fixed assets22/27 | €31,938 | €57,206 | €8,468 | €6,309 | €5,155 | €16,417 | €39,168 | €31,239 | ▼ 20.2% |
| Land and buildings22 | - | - | - | €2,637 | €3,319 | €2,894 | €2,469 | €2,045 | ▼ 17.2% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €1,307 | - |
| Furniture and vehicles24 | - | - | - | €3,672 | €1,836 | €13,523 | €36,699 | €27,887 | ▼ 24.0% |
| Financial fixed assets28 | - | - | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Current assets29/58 | €88,978 | €143,344 | €85,549 | €83,395 | €147,371 | €148,018 | €123,503 | €140,488 | ▲ 13.8% |
| Amounts receivable within one year40/41 | €78,296 | €94,862 | €76,791 | €80,312 | €142,529 | €129,365 | €118,806 | €86,732 | ▼ 27.0% |
| Trade receivables40 | - | - | - | €20,264 | €51,577 | €43,944 | €29,545 | €37,065 | ▲ 25.5% |
| Other amounts receivable41 | - | - | - | €60,048 | €90,952 | €85,421 | €89,261 | €49,668 | ▼ 44.4% |
| Cash at bank and in hand54/58 | €8,425 | €3,133 | €6,517 | €218 | €2,563 | €55 | €386 | €47,027 | ▲ 122× |
| Deferred charges and accrued income490/1 | - | - | - | €2,865 | €2,279 | €18,598 | €4,311 | €6,729 | ▲ 56.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €120,917 | €200,550 | €344,017 | €339,704 | €402,526 | €414,435 | €412,672 | €421,727 | ▲ 2.2% |
| Equity10/15 | €34,468 | €48,053 | €58,331 | €75,472 | €147,239 | €182,496 | €205,526 | €261,070 | ▲ 27.0% |
| Contributions10/11 | €10,500 | - | - | €10,500 | €10,500 | €10,500 | €10,500 | €10,500 | = |
| Reserves13 | €1,860 | €11,860 | €21,860 | €31,860 | €81,860 | €111,860 | €131,860 | €181,860 | ▲ 37.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €30,000 | €80,000 | €110,000 | €130,000 | €180,000 | ▲ 38.5% |
| Profit (loss) carried forward14 | €22,108 | €25,693 | €25,971 | €33,112 | €54,879 | €60,136 | €63,166 | €68,710 | ▲ 8.8% |
| Amounts payable17/49 | €86,449 | €152,497 | €285,686 | €264,232 | €255,286 | €231,939 | €207,146 | €160,657 | ▼ 22.4% |
| Amounts payable after more than one year17 | €35,276 | €20,250 | €189,529 | €176,357 | €147,947 | €107,517 | €64,787 | €35,024 | ▼ 45.9% |
| Financial debts170/4 | - | - | - | €176,357 | €147,947 | €107,517 | €64,787 | €35,024 | ▼ 45.9% |
| Amounts payable within one year42/48 | €50,645 | €65,350 | €86,603 | €77,670 | €107,340 | €98,903 | €134,103 | €121,704 | ▼ 9.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €38,172 | €28,410 | €28,854 | €29,305 | €29,763 | ▲ 1.6% |
| Trade debts44 | €11,043 | €24,056 | €18,823 | €22,570 | €18,790 | €9,762 | €49,850 | €28,749 | ▼ 42.3% |
| Suppliers440/4 | - | - | - | €22,570 | €18,790 | €9,762 | €49,850 | €28,749 | ▼ 42.3% |
| Taxes, remuneration and social security45 | - | - | - | €16,928 | €60,139 | €60,286 | €45,449 | €53,692 | ▲ 18.1% |
| Taxes450/3 | - | - | - | €16,662 | €59,873 | €60,020 | €45,182 | €53,425 | ▲ 18.2% |
| Remuneration and social security454/9 | - | - | - | €266 | €266 | €266 | €266 | €266 | = |
| Other amounts payable47/48 | - | - | - | - | - | - | €9,500 | €9,500 | = |
| Accrued charges and deferred income492/3 | - | - | - | €10,205 | - | €25,519 | €8,255 | €3,929 | ▼ 52.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,034 | €13,585 | €10,278 | €17,141 | €71,767 | €35,257 | €33,030 | €65,544 | ▲ 98.4% |
| + Depreciation and write-downs630 | €11,244 | €14,930 | €2,648 | €2,159 | €2,172 | €3,238 | €5,384 | €9,452 | ▲ 75.5% |
| Operating cash flow (approximation) | €26,278 | €28,515 | €12,926 | €19,300 | €73,939 | €38,495 | €38,414 | €74,996 | ▲ 95.2% |
| Investment in fixed assets (approximation) | - | -€40,197 | -€203,910 | €0 | -€1,018 | -€14,500 | -€28,136 | -€1,522 | ▲ 94.6% |
| Change in cash | - | -€5,292 | €3,384 | -€6,299 | €2,345 | -€2,508 | €331 | €46,641 | ▲ 141× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-08-2026 | 2026-00492217 |
| 31-12-2024 | abbreviated format | 09-10-2025 | 2025-00543195 |
| 31-12-2023 | abbreviated format | 05-12-2024 | 2024-00613355 |
| 31-12-2022 | abbreviated format | 26-10-2023 | 2023-00494962 |
| 31-12-2021 | abbreviated format | 22-12-2022 | 2022-20546078 |
| 31-12-2020 | abbreviated format | 26-10-2021 | 2021-75300374 |
| 31-12-2019 | micro format | 23-02-2021 | 2021-06400132 |
| 31-12-2018 | micro format | 24-06-2019 | 2019-23200077 |
| 31-12-2017 | micro format | 19-07-2018 | 2018-35700578 |
| 31-12-2016 | micro format | 07-07-2017 | 2017-29000340 |
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Of the 29,902 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,962. 14,396 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2024 · 1 entry · €2,085 awarded · €2,085 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.